Prosafe SE: Equinor awards Peregrino to Safe Concordia

Equinor Brasil Energia Ltda ('Equinor') has awarded a contract to Prosafe for
the Safe Concordia to provide gangway connected operations supporting
maintenance and safety services at the Peregrino FPSO in the Campos Basin
offshore Brazil.

Contract signing is subject to certain conditions, and the contract has a
duration of 120 days commencing mid-January 2020 with up to 60 days of options.

The Safe Concordia pioneered gangway connection to turret moored FPSO's having
developed the concept in 2012, and has subsequently provided reliable and safe
operations maintaining high connectivity to a large number of installations.

Jesper Kragh Andresen, CEO of Prosafe says: "Prosafe is very pleased to be once
again working for Equinor, delivering a high quality and reliable operation. The
Safe Concordia is proven as a consistent performer with high bed capacity and
great flexibility and we are in no doubt that we will extend our excellent safe
and efficient track record."

Prosafe is a leading owner and operator of semi-submersible accommodation
vessels. The Company is listed on the Oslo Stock Exchange with ticker code PRS.
For more information, please refer to www.prosafe.com (http://www.prosafe.com/)

Stavanger, 29 June 2019
Prosafe SE

For further information, please contact:

Jesper K. Andresen, CEO
Phone: +47 907 65 155

This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.